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Search Results 0 to 49 of about 104 (some duplicates have been removed)
MSNBC
Nov 29, 2012 5:00pm PST
obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress
ABC
Nov 30, 2012 1:40am PST
eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for gen
Current
Nov 29, 2012 4:00pm PST
to cut at least $400 billion from medicare, but it could be much, much higher. speaking of medicare, this is really interesting. i remember during the election, the republicans talking about we are the protectors of medicare. i can't believe obama wants to cut medicare. you remember all of these statements and ads? >> cut the payments that go to medicare. >> now that you need it, obama has cut $716 billion for medicare. >> medicare for current retirees he's cutting from the program. because of those $716 billion in cuts. >> you're going to see a $716 billion cut to medicare. >> obama is raiding $716 billion from medicare changing the program forever. >> medicare should be the promise it made to our seniors period, end of story. >> barack obama has taken $716 billion from it. it's that simple. >> cenk: that simple! obama's taken $716 from medicare and the republicans are going to protect it, right? after the election, mind you listen to this, entitlement reform means and everybody in washington knows this, the reporting absolutely confirms it. i just want you to be clear on this. it
FOX Business
Nov 30, 2012 4:00pm EST
extreme there were no spending cuts at all except that promises about the future of medicare and double the cost of tax increases. if they don't reach a conclusion ben bernanke says we are a recession, has that been included in the price of the market? >> i don't see how it can be. with the vix close today was 15 and the proposal is ridiculous. the last 70 years, a percentage of gdp, spending is about 20 and 50% of taxes of gdp is revenue and spending is 24.5 so i got to ask are we spending too much or raising revenue? liz: the white house with their new demand and republicans saying no go and we go into a real serious downturn, what happens to the market? are we looking at a 2009 situation here? >> i will be ready if we do. we as valuation sensitive investors intrepid, look at the last three years. despite the volatility, in may of 2010, the debt downgrade in august of 2011, diaz in the compound last few years the russell 2,000 is over 14. given away a lot of security. liz: those were all buying opportunities. if you look at the trader, you have technicals of what happened on a
FOX Business
Nov 30, 2012 6:00pm EST
medicare, they simply are not serious about the long-term fiscal health of this country. gerri: it absolutely is about those entitlement programs. as you look at this huge conundrum, it seems that we are saying that we are starting at the wrong end of the stick. we are talking about how much money we can come up from wealthy people. instead of talking about what the government is doing that shouldn't be doing. >> that is right. mark is a smart guy and i agree with him. the spending issue, we simply cannot rein in while we are focusing on taxes. you shall howl nonserious the president is. he sent timothy geithner on a fools errand. he said he wants a balanced approach. but the balance is that republicans come up with everything, and he is allowed kharkov on the debt limit. it is hard to understand what the balances of the equation, besides allowing him to retain his approach, which is continuing to spend and rack up massive deficits and continuing higher taxes without any plan that bears that out. remember that his budget hikes taxes and still spends $47 trillion over the next 10 ye
FOX News
Nov 30, 2012 6:00am PST
. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for you. there's a wide range to choose from. we
MSNBC
Nov 29, 2012 7:00pm PST
hatchette to medicare. that -- that's what they wanted to do. now the election is over. and we're getting together to do the deal, and it's like, so do you want to tell them we're going to cut medicare? no, you tell them we're going to cut medicare. this is its thing -- nobody wants to cut medicare and everybody on capitol hill is trying to figure out who is going to break it to the american people. >> and we have a poll coming out today just how much the american people don't want them to be doing that stuff. the one thing the american people are certain about is, yes, let those top tax brackets go up. >> exactly. and republicans think this, too. maybe it's not a majority but something in the 40s. those rates are going up. and i think republicans understand it. i think a lot of what you're hearing, including from john boehner, is this posturing you have to do to make sure you can still raise money, obviously, as we were just saying. but at the same time, you've got to believe that he understands deep down, those rates are going up one way or another. if they can't come to an agre
MSNBC
Nov 29, 2012 8:00pm PST
in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking shape behind the scenes. it includes most of the same details the white house has in its proposal. according to "politico" house republican leaders recognize president obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i was hopeful we'd see a specific plan for cutting spending. >> the treasury secretary's proposal seems pretty specific. it even includes $400 billion in specific cuts. but john boehner sees something diff
FOX Business
Nov 30, 2012 3:00pm EST
shares can't find a bottom. [ male announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this ty of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organizat
FOX Business
Nov 29, 2012 7:00pm EST
medicare and other programs by 400 billion over the coming decade. timothy geithner also requesting the equivalent of a permanent increase in the national debt limit. president obama remarkably consistent in his intent to raise taxes on the top 2% of taxpayers. half of those are small-business men and women. the entire election season, he did say a number of times since being reelected, and he's not backing off. the president and his baath insist on higher taxes for the so-called wealthy. remarkably, republicans seem surprised by secretary geithner. chief correspondent ed henry with our report. reporter: optimism faded as timothy geithner let the republicans to declare the talks are going nowhere. >> i'm disappointed. i'm disappointed in where we are and what has happened over the last couple of weeks. i'm here trying to seriously resolve it. and i would hope the white house would get to it as well. reporter: a key driver is that the president announced that spending cuts can wait. >> it would give us more time the next year to work together on a comprehensive plan to bring down the
CSPAN
Nov 30, 2012 9:00am EST
cuts, environmental protection, social security, medicare, medicaid. well, corporations and the top 1% get tax cuts of nearly $3 trillion over the next decade. this is not how you protect a democracy. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? mr. poe: i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, so ordered. mr. poe: mr. speaker, the -- a president has finally given us his balanced plan to allegedly avoid the fiscal cliff. he wants to raise taxes by $1.6 trillion. he wants another stimulus package of $50 billion. he wants the authority to raise the debt ceiling without asking congress for approval. say it isn't so, mr. speaker. this tax hike will hurt small businesses which provide 67% of the jobs in this country. that may fund the government for a short time. then, what's the plan? stimulus 2.0. because the first stimulus worked so well? that was a disaster as well. we have a $16 trillion deficit, and the president wants to spend more money. a
FOX News
Nov 30, 2012 8:00am PST
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ jenna: right now the white house and congress have just one month to prevent tax hikes and spending cuts that really could send the economy according to some right back into a recession. we are glad you are with us on this friday, everybody, i'm jenna lee. jon: i'm jon scott. president obama offering his opening bid to avoid the fiscal cliff but it's not going over well at all with republicans. house speaker john boehner saying no progress has been made in negotiations. mike emanuel is live on capitol hill now. what are the republican complaints, mike, and how are they pushing back at the president? >> reporter: senator john john cornyn who is a member of the rupp leadership says he thinks president obama wants to go over the fiscal cliff by proposing higher taxes, no spending cuts and no plans to save entitlements. with president obama going to pennsylvania today, the house republican whip, kevin mccarthy's office put
FOX News
Nov 30, 2012 10:00am PST
come forward with spending cuts at all. he offered $400 billion out of medicare in this initial round. to be named later. they are sort of determined not to fall for that again. megyn: it is exactly what happened to ronald reagan. he agreed to a tax hike for spending cuts or come later. he said that the biggest regret of his presidency is that he got the tax hike and he never got the spending cuts. we will see. there is a lot of pressure on the sides, especially on the gop side. tom bevan, thank you so much you think you. megyn: what do you think? some say it is the opening offer. but it's not. we only have 3.5 weeks ago. it is time to get down to business on capitol hill, who is to blame for the situation we are on on capitol hill? balmy on twitter. back in january 2000 and 1, our national debt stood at $5.7 trillion when president bush took office. it seems paltry now. when he left office, the debt was $10.6 trillion. as of this week, $16.3 trillion. the next debt ceiling limit is only about $100 billion away. that is the number we could reach in the next few weeks. democrats are su
MSNBC
Nov 30, 2012 10:00am PST
billion in medicare? is your problem with it that it's not specified? do you want to see a more specific laundry list or do you have to produce a laundry list before he's going to come up with his? is this a giant game of chicken. >> >> that's what's unfortunate. that's what i think the parties should be sitting at a table, speaker boehner is on the absolute right track, shown a willingness to be able to talk about things that we haven't been able to talk about before and they need to sit down and hash this out. there's nothing like a deadline to drive these types of decisions. i've said what should happen is it should be happening right now, what i think will happen is it will happen probably at the end of the year before the deadline. deadlines drive action. but yeah, i want to get to the specificity that we all need. >> congressman, thank you very much. thanks for joining us today. >> thanks, andrea. >> up next, we'll talk to judy gross, the wife of an american contractor jailed in cuba. why she's speaking out as she never has before. this is "andrea mitchell reports" only on
MSNBC
Nov 30, 2012 3:00am PST
$400 billion in medicare cuts. so there were some specifics in there. but was it a hardball opening? yeah, of course it was. the question is, what's the counteroffer, right? they're trying to not just provoke a no. they want the counteroffer. and the counteroffer is, what is it? there isn't one. >> it looks like right now it will probably come back now as $800 billion in new revenue, probably higher specific cuts. >> you forget one extra demand, of course, which is ban the debt ceiling piece. that's huge, right? that's, like, unilateral disarmament. we're going to offer you to unilaterally disarm. i like that one, too. because they were sensible. let's face it, the markets would welcome that, right? >> i think the market would welcome a more serious discussion. i was disappointed in the offer. i think you're probably right that this was a negotiating ploy, the beginning of a long perhaps 30-day negotiation, but when you have ceos of the largest companies in the country, the biggest in the world, suggesting that one, they might redomicile to a different country, that they're concerne
CNBC
Nov 30, 2012 4:00pm EST
. wait until you hear who she says deserves the blame. >>> also, social security and medicare in focus. is this economic backdrop cost cutting? should these programs be torn down to keep our economy from hitting disaster down the road? we'll debate this hot-button issue coming up. stay with us. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. card hassles? introducing chase liquid. the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> welcome back with today's session in the books, there are now just 21 days in the trading year lef
CNN
Nov 29, 2012 8:00pm PST
that has republicans crying foul. additional spending on medicare to pay doctors, protecting middle income americans from a tax hike. $50 billion in stimulus. and in return $400 billion in medicare and other savings next year and an agreed mechanism for allowing a vote on a debt ceiling increase republicans are not at all pleased with this, publicly crying foul. the white house has said that they have signed into law $1 trillion into tax cuts next year and will rg to compromise on more. bottom line, most sides seem more dug in than they did before, erin. >> certainly a day that was pretty grim on that front. thanks very much and that 1.6 trillion, everyone, surprising republicans and a crucial number especially when contrasted with the 4 billion this entitlement cuts. i want to tell you the republican response as jessica indicated. they didn't want anything to do with geithner's plan. yesterday, john boehner moved the markets higher. it was joyful talk about a possible deal, but today, it was like a break-up over tax. he went from love to disgust. here he is right after tim geithner
CNN
Nov 29, 2012 4:00pm PST
. continuing the dock fix. that's approving additional spending on medicare to pay doctors. the amt patch protecting middle income americans. $50 billion in stimulus next year and in return, the administration would offer $400 billion in additional medicare and other entitlement savings next year to be spelled out as they negotiate. there would also be an agreed mechanism for allowing a vote on a debt ceiling increase for perpetui perpetuity. republicans not pleased with this. already publicly crying foul. the white house says the president has already signed into law one trillion dollars in tax cut last year. they're willing to compromise more, but rig now, both sides seem more dug in than before. >> a day that was pretty grim on that front. thanks very much and that 1.6 trillion, everyone, surprising republicans and a crucial number especially when contrasted with the 4 billion this entitlement cuts. i want to tell you the republican response as jessica indicated. they didn't want anything to do with geithner's plan. yesterday, john boehner moved the markets higher. it was joyful
FOX News
Nov 30, 2012 12:00pm PST
heavy rain and winds. ♪ [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to change doctors within one of the nation's largest networks, dedicated to helping you live a healthier life. other benefits can include vision and hearing coverage -- and the pharmacy saver program gives you access to prescriptions as low as $2... at thousands of pharmacies
CNN
Nov 30, 2012 6:00am PST
. we're looking at entitlements such as medicare. and then the plan also includes $50 billion in stimulus spending. democrats see this really as sort of the opening salvo in these negotiations. early on in this process, both sides appear to show some level of optimism that this would get done. in the last few days and certainly yesterday it just seems like both sides are so far apart, it's not unusual for us to see this kind of posturing and other negotiations, tough negotiations over the last four years or so. you'll see things build up whether it appears that it's going to get done. then they fall apart. in the end it does happen. the hope is that that would happen here as well. both sides seemingly far apart still. >> neither side, dan, wants to say anything that would potentiallyg suggest they're giving up any leverage. republican aides say the white house author is completely unbalanced and unrealistic, citing the $1.6 trillion in tax hikes. yet the tax rates being proposed are less than they were during the clinton era. where do we go from here? >> reporter: where we go fro
MSNBC
Nov 30, 2012 11:00am PST
trillion in new taxes, $400 billion in cuts to medicare and other entitlements which will take place at a later date, and also about $50 billion in new stimulus spending. republicans are essentially calling it a nonstarter today. majority leader eric cantor said that it's not a serious proposal. as you heard, house speaker john boehner essentially said that this isn't something that we can work with. their main sticking point are the taxes number one, it's about twice what they would be willing to talk about, and also they say entitlement reforms just don't go deep enough. the president is saying show me your plan. this is essentially the president's opening bid. he is feel being emboldened by his re-election. he's also been criticized in the past by democrats who say he hasn't been tough enough during these negotiations. so the company really coming out with a proposal that is clearly being balked at by republicans. but now the white house essentially saying that it is in the republicans' court to make the next move. but right now these negotiations are essentially deadlocked and th
CNN
Nov 30, 2012 1:00am PST
would the white house give? the proposal is they would offer $400 billion in medicare and other entitlement savings but exactly what those would be are to be determined in negotiations next year. republicans are saying this is overreach, too much. they are rejecting it. the white house says hey, we'll compromise. come back to us with an offer. wolf? >> jessica, as you say, the republicans are already rejecting this outright, so was the administration surprised, shall we say, by that rejection? >> reporter: well, their public response, yes, is surprise and they're accusing the republicans of avoiding a deal to protect the wealthy but the truth is, this is a negotiating dance. the bottom line is they have been going back and forth for a few weeks and democrats say they asked the gop to be specific about what revenue number they would be okay with. democrats say well, the republicans weren't forthcoming so democrats said if you're not going to show yours, we'll show you ours first. we'll make an offer and we'll come in high, and now the republicans aren't happy with it, but some re
ABC
Nov 29, 2012 5:30pm PST
forward with a plan to limit spending on medicare and social security, something many democrats say is just not acceptable. >> i didn't have my own card with me. jill wouldn't let me have one. >> reporter: vice president biden got into the act today, too, taking a break from christmas shopping and snacking at costco to urge congress to extend middle class tax cuts. >> i think it's important congress acts now. i mean, right now. >> reporter: can mitt romney, with all his business experience, play a role on brokering a deal? well, don't count on it, diane. the president did not ask for his help today and the two simply agreed to keep in touch. and for now, nothing more. >> all right, thank you, jonathan karl. >>> and now, we move onto two towns that had reason to rejoice today. two tickets won that half a billion dollar lottery. one ticket sold in arizona, another in a tiny town in missouri, where, tonight, winners have come forward, but will not be announced until tomorrow. in the meantime, the 496 neighbors of that town are eyeing each other and asking, "is it you?" we have two repo
MSNBC
Nov 30, 2012 9:00am PST
also have to figure out what exactly is their message on medicare right now. >> yeah. >> you know, the romney campaign has been the remnants or the echos or what's left of the romney campaign staff is boasting that they sort of won the debate on medicare or fought the president to a draw, but because they attacked cuts to medicare in obama care, i don't think that romney ever really sold to the public significant cuts, significant changes to the medicare program. so republicans in the abstract want this. i feel like they haven't spelled out the painful cuts they're putting on the table and part of what obama is trying to do is force them to do that. >> yes. because he himself has not made any mention of it and, you know, david gregory this morning on "morning joe" saying it's going to be painful for both sides. the president trying to outsource that, pardon the use of a loaded term, to the gop, joy. >> nobody wants to talk about what they want to cut. that's the thing in washington. why you don't see the budget shrink. talking about cuts means school lunches or cut medicare. when
MSNBC
Nov 30, 2012 6:00am PST
they're watching out for their tax dollars. they do want medicare, social security. they want those programs. they just want us to be fiscally responsible and move this country forward. i think it was a big ideological shift, again, and it's our job now to work with each other to get this country past the financial and to work on the issues americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement side? >> i think it's important to note that there's a difference between working to cut medicare and protecting the benefits. and itch said repeatedly that i will not
MSNBC
Nov 30, 2012 8:00am PST
billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you're bragging about the fact that you kept the house. good. show us your offer. put down your offer. now, here's my view on this. and it is the same as the president's in this respect. rough the biggest aspects of the fiscal cliff is the fact that
Current
Nov 29, 2012 9:00pm PST
reforms to medicare and medicaid, read vouchers. and also want to eliminate the sequester cuts to defense spending that are automatically supposed to take place. and the good news is that speak are boehner might have less of a problem from the ugly wing of his party at least than what he got before. because yesterday grover nordquist sounded a little more reasonable than say before the republicans got shellacked in the election. he said that republicans can raise revenues as long as they can go home and pass the laugh test. in other words, as long as they go go home and tell their con switch went that they didn't actually raise tax rates without getting laughed at. >> so it's gotta pass the laugh test. not just the moment it happens but between now and the next several elections. >> jennifer: so maybe he's not so ugly after all. i don't know, what am i thinking? at the end of the day the press has shown his hand. so mr. speaker your much. joining me now is nancy cook budget and tax correspondent for the national journal coming to us from washington d.c. welcome inside the war room
FOX News
Nov 30, 2012 3:00pm PST
. >> education would be cut by $2.3 billion. medicare payments to hospitals would be slashed by 5.6 billion. and custom and border patrol would lose $823 million. >> the point is to make it painful so they want to cut with a scalpel than a m machete. but it's not clear they will. >> bret: please join chris wallace for "fox news sunday" this weekend. he will have an exclusive interview with house speaker john boehner on the fiscal cliff negotiations. chris will talk to tim geithner. a "fox news sunday" you do not want to miss. check your local listings. consumer spending was down .2 of a percentage point in october. the dow finished ahead. the nasdaq lost two. europe's economy remains in the tank. 17 euro zone countries have a combined unemployment rate of 11.7%. that is the highest since the introduction of the common currency in 1999. 18.7 million people are out of work for the euro zone. pain and greece have jobless rates of more than 25%. back at home, the question of who will be the nation's top diplomat in president obama's second term continues to intersect with complaints abo
PBS
Nov 30, 2012 3:00pm PST
. the same thing, he was negotiating with medicare cuts right at the outset. and people say wait a minute, so here he comes in, he shows a little spine, a little steel, and this is what i said i was going to do, in the waive increases. they say wait, what about these medicare cuts. 9 only people that brought up medicare cuts were the republican was talked about obama was going to cut $716 billion so now we're in a situation where nobody wants his or her fingerprints on the medicare cuts. >> uh-huh. >> okay. the medicare cuts, i can assure you, and this is going to upset a lot of people, will appear in the negotiations. they will be-- paternity will be denied but they will miraculously appear. and i think we've got to outline what will go ahead with the deal. >> who is playing what hand, who is playing from strength here at this point. >> on this the president has the strength. no he request. first he won the election. second the polling shows that people are more likely to blame the republicans. third, if you look at the way the rules of the fiscal cliff are structured, the republi
PBS
Nov 29, 2012 7:00pm PST
to vote to cut medicare, but you got to stop the pain." >> reporter: how bad could the pain get? after the house voted down the tarp bailout, the s&p 500 fell more than 8%. darren gersh, nbr, washington. >> tom: for more on the fiscal cliff negotiations, susie spoke with a leading democrat a short while ago, senator kent conrad of north dakota. >> susie: senator can rad thank you for joining us. let me begin our conversation by asking you, what are the chances that we will get a fiscal cliff deal by the end of this year? wince think they're reasonably good. all the building blocks are in place. at this point really people just have to choose from the options that are available. and it's hugely consequence for the country if we fail. so i remain opposite sdns-- optimistic. >> we heard dramatic sound bites when do we start rung out of time and risk going over the cliff? how much time dow need to get an agreement? >> well, realistically, if an agreement were reached in the next several weeks there would be time to get all of the language put together to have it implemented. so ther
FOX News
Nov 29, 2012 6:00pm PST
talking $400 billion in medicare cuts in the future. >> sean: in the future? >> yes. >> sean: years from now. >> this plan sticks to the framework of -- >> sean: tax increases now. republicans give in. then the cuts in the future. that's what's going to happen? >> this is a unicorn budget. it doesn't exist. he's campaigning right now, doing a victory lap all over the country. he ought to be boehner talking to john. i saw the movie "lincoln" a few days ago. leslie marshall, he ought to see it. he did what was right, not what was popular. of course 98% want to raise taxes on the 2%. >> sean: the republicans have a big weapon here -- well, the president is trying to get unilateral, you know, take away the constitutional authority of congress and wants to be able to raise the debt ceiling. billy cunningham, we're coming up against -- >> sean, what's wrong with the fiscal cliff that obama designed? this is obama's fiscal cliff. if the republicans cave, we'll have a fiscal cliff in about three or four years that's going to be the grand canyon. we're going to go collapsing. it's going to b
CNN
Nov 30, 2012 9:00am PST
year, and then in return they would find $400 billion in cuts to medicare and other entitlements to be worked out. now, that is a starting position. you know, that sort of is the white house basically calling republicans bluff, if you will, saying, look, you guys haven't come out with your own proposal. we're going to start high, come on the with what we want. now show us what you got. the republicans hate it. they're saying it's ridiculous. it's an overreach by the white house, so they're sort of in the standoff, and it's all in republican estcourt to see what they counter with. >> it's interesting now because before everything was behind closed doors. this is all playing out publicly. you have the president there in pennsylvania. he is talking to real people. he is at a toy manufacturing place. then you have the republicans taking to the floor criticizing the plan. i want you to hear. this is very direct and very straight here from congressman ted coe of texas. >> this tax hike will hurt small businesses that provide 67% of the jobs in this country. that may fund the government fo
MSNBC
Nov 30, 2012 2:00pm PST
little. if i give here on medicare, i'm going to have to give again in a month and another month. it looks horrible. the other side he's saying, this is going to be fun. maybe he's playing to his right wing crowd saying if we don't get a big apple bite this time, we'll get another bite next month. who is he playing to when he says we're going to have more trouble down the road? >> you have to remember the cross currents facing boehner include not just the tea party crazies but the right wing donor class is very hard right on this ideological issue of never seeing they tax increases. and the republican, just the campaign committees, if you compare the republican congressional campaign committee with the dccca that raises for the democrats shts the republicans are more reliant for the big donors. republicans really do have to constantly cater to a very hard right wing donor class that wants to hear this message. they don't want to hear boehner capitulate. if you read a lot of the right wing sides, not the crazy once, they're already teeing up to say bain ser a failure, he gave into oba
MSNBC
Nov 30, 2012 7:00am PST
, $50 billion in stimulus spending, $400 billion in medicare entitlement savings. again, an opening offer, but, you know, the question republicans are asking is, like, what's really negotiable here? and do you think that joy-ann is right, these are just both sides playing to their base at this point when in truth they both know the contours of the deal? >> yeah, i think joy-ann is absolutely right that this is a negotiating position. it's not an attempt to draft what the final offer is going to look like. and there's a lot of bluster on both sides. you know, republicans are saying this is absurd. this is a joke. but it's hard for them to threaten to walk away from the table when democrats have the leverage, and they know it, and they are behaving like they know it. and that seems to be what is shocking the republicans so much because in the past, the president notably hasn't been this tough a negotiator. they've been able to say no, bring us something we like better, and he's done it instead of actually sort of calling their bluff and saying no, i want to see what your offer is. >>
CNN
Nov 30, 2012 1:00pm PST
fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. if you're a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and
CNN
Nov 30, 2012 11:00am PST
seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> just today, before mexico's president leaves office, a staggering new figure has emerged. 25,000, that's how many people have gone missing in mexico in just the past six years. and most of these mysterious disappearances are linked to the mexican drug war. want to bring in now our senior latin affairs correspondent, rafael romo, men, women, children taken while walking near their homes, others arrested by uniformed men and never seen again. why are the cartels taking them? >> let me describe a couple of situations i've been able to witness in last few years. number one, i had an opportunity to be at the city morgue in acapulco last year and what they were telling me is that a lot of the victims that they get there are unidentified and remain so for years and years and years because it may be a young man who was recruited in northern mexico, fighting for a cartel in southern mexico, he dies,
CBS
Nov 29, 2012 5:30pm PST
programs, like medicaid and medicare, as well as others. there is also fresh new aending. $50 billion next year in stimulus spending, all for infrastructure. the white house calls this an opening bid. house republicans call it a rehash of old ideas and also object to the idea of a white house asking a permanent legislative remedy to raising the debt ceiling, all of it, the republicans say rather, is unacceptable. now much of this was conveyed in a 28-minute phone conversation yesterday between president obama and house speaker john boehner. both sides describe that conversation, scott, as direct and candid. those are words custom early reserved for diplomacy between sworn adversaries and tonight that might be where we are. >> pelley: major, thanks very much. now, have a look at these two pictures. president obama and mitt romney at the final debate, the last time they shook hands, until today, when the president hosted a kind of "bury the hatchet" lunch at the white house. the two men promised to work together on shared concerns if the opportunity arises. the united nations voted overwhelm
MSNBC
Nov 30, 2012 1:00pm PST
about levemir® flexpen. covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zales is the diamond store. take up to an extra 15 percent off storewide, now through wednesday. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. >>> the white house took three weeks to respond with any kind of a proposal and much to my disappointment, it wasn't a serious one. >> we've got to get serious here. >> time for the president and the democrats to get serious. the white house has to get serious. >> that was the sound of congressional republicans increasing outrage at the president and his popular proposal for handling the fiscal cliff. we're joined by nbc's luke russert. luke, help me now because i just want you to answer this question. did anyone in this country vote for the ryan b
FOX Business
Nov 29, 2012 8:00pm EST
focus, on capitol hill is on medicare, and where the spinning cuts are come in. ive is conceding that in some fashion taxes are going up for a big chunk of the group that you talk about. neil: a lot of your colleagues, tom, have said, whatever will affect your business and dividend, and bank stocks and other issues, a deal, is better than no deal, even if eschewed a little bit toward taxes than spending cut its beats reaching the end of the year without a deal, do a agree? >> it is better than going off the financial cliff. but you know, certainty on a dad biel is not good for -- on a bad deal is not good for the american economy. we had a good first quarter, reasonably good second quarter, third quarter, driven with this uncertainty with respect to the election and financial cliff, and the economy ground to a halt, we have a backlog of economic development project in the southeast, 300 projects representing $15 billion of investment, 45,000 jobs, good paying jobs. those -- >> does that evaporate if dividend taxes go up? >> if we go off the financial cliff, most economists predict ano
MSNBC
Nov 30, 2012 3:00pm PST
in some polls. cutting medicare, medicaid is is not popular. in fact, much of the election was over each side trying to convince the american people that it was the other side that wanted to go after medicare specifically. >> yes, absolutely. >> so now we have to do something about the cost of medicare but no one wants to be the first person to come out and say, we're taking the scissors and -- >> giving no specifics, are they hoping it's boehner, hoping that the democrats will come back with a more conservative proposal, or is he wanting them to say something so he can just disagree with whatever it is? >> i think it depends on what we think it is that the president is hoping for. the fact is, the president could go over this fiscal cliff and at least politically for him there's not a lot of cost to it. there's some real cost to american families and particularly to the most vulnerable. the president from that position may certainly be trying to pull us back from it. but politically there's no reason not to head over. yes, you'll see your taxes increase on january 1st. but you don'
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